The South Korean company Samsung, a global leader in electronics and software, announced on October 13 that it would implement a “private blockchain”-style security mechanism for its smart gadgets. Blockchain’ Security System The Knox Matrix system aims to increase the security of a multi-device environment by having each smart device keep track of the activity of the others and communicate access information to improve the login experience through “multi-layered mutual monitoring.” The technology was unveiled at the latest Samsung Developer Conference to update the business’s security policy. The company did not go into great detail about the system’s internal workings, The post Samsung Launches’ Private Blockchain’ Security System for its Smart Devices appeared first on Cryptoknowmics-Crypto News and Media Platform.